Energy Trading

The ALTEO Group has been an electricity trader and balancing group manager since 2009. In 2015 it has expanded significantly its electricity wholesale activity through the acquisition of Sinergy Kft. The Group’s primary aim is to cover the energy demand of its customers; to sell the aggregate power capacities of small power plants (owned and operated by the Group and/or connected to the Virtual Power Plant) on the balancing power market organized by MAVIR Hungarian Independent Transmission Operator Company Ltd.; and to sell the electricity produced concurrently to other electricity traders and the power exchange.